Total Business: Inventories to Sales Ratio
Total Business: Inventories to Sales Ratio is inventory divided by sales, reported as Ratio.
1.33
Ratio
Total Business: Inventories to Sales Ratio — latest reading: 1.33 ratio. As of August 2026, it is down 5.0% over the past 12 months, well below its 10-year average. Source: ISRATIO, US Census Bureau, published monthly. Reported as published, without transformation; the publisher may revise it. Lower than all but 146 of 944 readings since 1948-01-01. Last at or below this level on 2026-06-01.
Min
1.22
Max
1.74
Average
1.46
10Y Percentile
13%
3M Change
+1.5%
Total Business: Inventories to Sales Ratio (ISRATIO) — 944 observations from 1948-01-01 to 2026-08-01. Source: FRED, Federal Reserve Bank of St. Louis. Red shading indicates NBER recession periods.
Compare Total Business: Inventories to Sales Ratio with other indicators →
Next scheduled release: Tue, Nov 17 (Manufacturing and Trade Inventories and Sales, per the FRED release calendar — scheduled dates can move).
How these numbers changed
Every figure above is the current one. These are the same periods as first published — what Total Business: Inventories to Sales Ratio said on the day, before it was restated. Measured in Ratio.
| Period | First print | Now | Change | Republished |
|---|---|---|---|---|
| Jul 2026 | 1.3 | 1.34 | +0.04 | 1× |
| Jun 2026 | 1.3 | 1.33 | +0.03 | 1× |
| May 2026 | 1.28 | 1.31 | +0.03 | 1× |
| Apr 2026 | 1.31 | 1.34 | +0.03 | 2× |
| Mar 2026 | 1.32 | 1.35 | +0.03 | 1× |
| Feb 2026 | 1.33 | 1.37 | +0.04 | 1× |
| Jan 2026 | 1.35 | 1.38 | +0.03 | 1× |
| Dec 2025 | 1.36 | 1.39 | +0.03 | 1× |
| Nov 2025 | 1.37 | 1.4 | +0.03 | 1× |
| Oct 2025 | 1.38 | 1.41 | +0.03 | 1× |
| Sep 2025 | 1.37 | 1.4 | +0.03 | 1× |
Total Business: Inventories to Sales Ratio for July 2026 first printed at 1.3 on September 16, 2026, was revised once, and now reads up to 1.34. Recompute any row from FRED's own vintage archive.
Macro Regime Context
The growth regime is currently late cycle (71% confidence).
See what this means across all four regime dimensions →3-Month
+1.5%
6-Month
-2.9%
12-Month
-5.0%
What this means
Total Business: Inventories to Sales Ratio is currently at 1.33 ratio, which is well below its 10-year historical average. The trend is increasing (+1.5% over the past 3 months).
Over the past 6 months the change is -2.9%, and over 12 months it is -5.0%. The short-term pace is consistent with the longer trend.
Cite this page
MacroRadar, "Total Business: Inventories to Sales Ratio," https://www.macroradar.io/total-business-inventories-to-sales-ratio (as of August 2026).